Quote from nitro:
One month ago short interest was 55%:
http://finance.yahoo.com/q/ks?s=CORS
I was short a couple thousand shares of that stock from high 20s (like $29 and change) held it for months and made several thousand dollars. Then, when I blew out my account, I was forced to liquidate it. The forced liquidation was at $24. It had gotten down to high 22s so that was my MFE.
I would still be holding it short if it were not for my debacle in SIFs. I don't think the stock goes to zero, but it goes to low teens or a touch below 10.
nitro
Did you short this stock at IB? Tia.